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Tuesday’s Tips — How to Create Early Stage Company Values
5th October 2021 • Scaling Up Business with Bill Gallagher • Bill Gallagher
00:00:00 00:03:00

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Are you an early-stage company? Are you in the process of creating a new division or product? Now is an excellent time to create some company values for your business. It’s actually quite simple!

You know the importance of creating company values, but you’ve got an early-stage company, so how do you create values when everything is almost duct-taped together, and you’re still trying to find your wings? Since you’re so new, you don’t have anybody to really bounce your values off of and see what resonates with the team. What do you do?

Take a step back and think about the company you’re building. Think about the types of people you worked for, and with, in the past. What values did you like from them? What did you enjoy the most? Make a list of your dream team and then build it out from there.

Your next step is to then make a list of people you would never want to have in your company. Think bad bosses, bad people, really map out all the “bad apples” you’ve worked alongside. They could even be friends, who you adore, but know it would make the company go belly up. Once you have your list of both the good and the bad, you then want to distill their characteristics down to four to six core company values.

 

Resources:

Scaling Up for Business Growth Workshop: Take the first step to mastering the Rockefeller Habits by attending one of our workshops.

Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.)

Bill on YouTube

 

Did you enjoy today’s episode? If so, then head over to iTunes and leave a review. Help other business leaders discover the Scaling Up Business Podcast so they, too, can benefit from the ideas shared in these podcasts.

 

Scaling Up is the best-selling business growth book by Verne Harnish and our team of coaches. My name is Bill Gallagher, host of the Scaling Up Business Podcast and a leading coach.

 

We help leadership teams with 4 Decisions around People, Strategy, Execution, and Cash, and the 5th Decision about what kind of leader you want to be. Our purpose is helping you Scale Up successfully and beat the odds of business growth success.

 

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